Reading time: 4 minutes

Are you looking to start your own locksmith business or expand your already existing locksmith business? If so, you will need to be aware of the many options available to you when it comes to resolving a dispute with your contractor. The realities of the business world mean that sometimes you will be let down by those on which you most rely. Also, one of the most common situations, where business owners are forced to face this reality is when a dispute arises with a contractor. How you deal with these situations when they arise will have a significant effect on how quickly you can resume business as usual. However, such disputes often threaten to boil over, leading to lost income, time and the incurrence of significant expenses if the dispute should end up in court. Therefore, it is important that you have an understanding of how you can deal with a dispute with your contractor even before one can arise.

Where do I begin?

Unfortunately, it is increasingly becoming the standard practice for a dispute between a business and a contractor to begin with threats, or even with legal action. Do not let your locksmith business fall into this trap. The first step you should take in every single dispute in which you may find yourself, is to have an open and honest conversation with your contractor. You should do this in a manner that allows your contractor to feel comfortable rather than confronted so that they can understand what you are saying rather than starting on the defensive. Also, you should listen to what they have to say, as the problem could simply be a matter of miscommunication. Otherwise, they may wish to do things in a different way – and one with which you don’t agree.

Even if you do not come to an agreement when initially talking with your contractor, this conversation will help lay the groundwork for the next step in the process of resolving the dispute. Unfortunately, talking it out with your contractor might not always work. In this case, it is advisable that you seek the advice of a legal professional, as the next step you undertake will have legal consequences for both you and your contractor.

What if the initial talks fail?

If getting your contractor to see things from your perspective fails, you will have several options available to you. The first and cheapest option available to you now is mediation. If you feel that you were close to an agreement in your initial conversation with your contractor, this could be the correct option for you. However, if you feel that your contractor is unfair or unreasonable, then you could engage in a process called mediation.

Mediation is a process that involves a neutral third party who listens to both you and your contractor while reviewing any evidence of the terms of the agreement, such as a contract. After hearing both sides and considering the evidence, the mediator will then come to a decision as to how this situation is the be resolved. This decision will be final, however, and neither you nor your contractor will be able to appeal the decision to a court of law. Therefore, this option will be best for your locksmith business if you honestly believe that your contractor has wronged you.

The final option available to is taking the dispute to court. Needless to say this will be a costly process, and could take months or even years to resolve. As a result, it is only advisable to consider this option in the event that no resolution is possible. Also, if you are unlikely to receive a large amount of compensation or damages, you may just want to cut your losses and move on.

Conclusion

If you looking to start your own locksmith business or expand your already existing locksmith business, you will need to be aware of the many options available in resolving a dispute with your contractor. Unfortunately, disputes with contractors are one of the realities of life when running a business, as not everyone will meet your standard when it comes to doing work. Therefore, you should protect your business by having a thorough understanding of how to deal with such situations, and all the options available to you. If having an open and honest conversation with your contractor does no resolve the problem, you should seek legal advice before you decide on the next step. There is a range of options, which vary in price and severity.

If you have any further questions relating to how to resolve a dispute with your contractor, feel free to call LegalVision for a fixed-fee quote.

Webinars

The COVID-19 Vaccine Rollout: Considerations for Employers

Thursday 22 April | 11:00 - 11:45am

Online
Are you a business owner or employer? Attend this webinar to learn about what you need to know about the COVID-19 vaccine rollout.
Register Now

How to Recover Unpaid Invoices

Thursday 13 May | 11:00 - 11:45am

Online
What do you do if your customers don't pay your invoices? Attend this webinar to learn about how to recover unpaid invoices.
Register Now

About LegalVision: LegalVision is a tech-driven, full-service commercial law firm that uses technology to deliver a faster, better quality and more cost-effective client experience.

The majority of our clients are LVConnect members. By becoming a member, you can stay ahead of legal issues while staying on top of costs. From just $119 per week, get all your contracts sorted, trade marks registered and questions answered by experienced business lawyers.

Learn more about LVConnect

Need Legal Help? Get a Free Fixed-Fee Quote

If you would like to receive a free fixed-fee quote or get in touch with our team, fill out the form below.

  • 2020 Excellence in Technology & Innovation – Finalist – Australasian Law Awards 2020 Excellence in Technology & Innovation Finalist – Australasian Law Awards
  • 2020 Employer of Choice – Winner – Australasian Lawyer 2020 Employer of Choice Winner – Australasian Lawyer
  • 2020 Fastest Growing Law Firm - Financial Times APAC 500 2020 Fastest Growing Law Firm - Financial Times APAC 500
  • 2020 AFR Fast 100 List - Australian Financial Review 2020 AFR Fast 100 List - Australian Financial Review
  • 2020 Law Firm of the Year Finalist - Australasian Law Awards 2020 Law Firm of the Year Finalist - Australasian Law Awards
  • Most Innovative Law Firm - 2019 Australasian Lawyer 2019 Most Innovative Firm - Australasian Lawyer